Why it matters:
The push aims to bolster economic development in underserved regions of Iran, like West Azerbaijan, leveraging the Maku Free Zone as a hub for tech-driven growth in the region.
- The initiative prioritizes IT and communications, offering investors streamlined processes and access to tailored financial services.
The big picture:
By tapping into the expertise and capital of Iranians abroad, the government seeks to bridge regional disparities and drive innovation in one of the country’s most strategic sectors.
What we're hearing:
Director General of Post Bank Behzad Shiri: "We have a program there to announce our support initiatives for investments in the field of information technology and communications. Those interested in this sector can carry out their investments with ease and confidence through the bank's programs and benefit from the bank's financial and credit services."
Context:
A gathering of investors in Maku, northwestern Iran, in the past weekend signaled strong interest in the sector, with the government pledging robust financial and credit support through state-backed banking programs.
Go deeper:
17th Int'l Financial Industry Exhibition,Innovation,Economic Cooperation
seyed mohammad kazemi